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    2225 Hwy 44th W Inverness, FL 34453-3805
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    Property profile & analytics

    2225 Hwy 44th W, Inverness, FL 34453-3805

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    • Turn key restaurants
    • 6,224 SF
    • 3.31 lot acres
    Off-Market
    Last Sale Nov 27, 2024
    $3,959,300
    Property ID
    US18-3213652
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $3,960,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Outback Steakhouse / Restaurant

    Property Details for 2225 Hwy 44th W

    Year built
    2001
    Construction
    WOOD
    Lot size
    3.31 lot acres
    Zone code
    C COMMERCIAL
    Property type
    Turn key restaurants
    APN
    19E-19S-13-0020-039.0
    APU
    19E19S1300200390

    Description

    This exceptional investment opportunity presents a 6,174-square-foot Outback Steakhouse located on a 3.33-acre lot at 2225 Hwy 44 W, Inverness, FL 34452. The property boasts an absolute NNN lease with a corporate guarantee from Bloomin' Brands, offering ±12.3 years remaining on the primary term, plus three 5-year renewal options. Enjoy attractive annual rent escalations of 1.8%. The restaurant benefits from excellent visibility and accessibility on Highway 44 West (29,400 vehicles per day), situated just two miles west of downtown Inverness and near the intersection with US Highway 41 South (18,400 vehicles per day), providing convenient access to Tampa. Its strategic location is complemented by proximity to a medical office building, a Chevrolet dealership, RaceTrac, Starbucks, and newly constructed apartments. The property is surrounded by significant retail development, including the Shops at Inverness, Citrus Center Shopping Mall, Citrus Plaza, and Highland Square Shopping Mall, featuring a wide array of national retailers. Built in 2001, this 100% occupied property generates a strong net operating income (NOI) of $269,238, representing a 6.00% cap rate and a price per square foot of $726.81. The asking price is $4,487,300. This is a rare opportunity to acquire a stable, high-performing asset with significant long-term growth potential in a thriving retail corridor.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $3,960,000
      ML approach
      $3,960,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Inverness
    County
    Citrus
    State
    Florida
    Longitude
    -82.3597
    Latitude
    28.8388
    CBSA code
    26140
    CBSA name
    HOMOSASSA SPRINGS, FL MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $32,467
    $620,070
    $900,840
    $1,520,910
    -
    $620,070
    $900,840
    $1,520,910
    More about this property
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